Anyone scalping the FTSE Futures??

[postman]

Skip it. Dax is in freefall again.
Those Germans cant seem to make up their minds.

 

[Atilla]

I was thinking it was more the Lagarde effect on the DAX...

 

[postman]

I was thinking it was more the Lagarde effect on the DAX...

And the Dow, and the FTSe, and the Shanghi Comp. Thats one impressive finger.

 

[Atilla]

And the Dow, and the FTSe, and the Shanghi Comp. Thats one impressive finger.

Yes but she's only showing you one, the others are behind her back.

Don't forget the I in MF

 

[tar]

Short ES at 2072.25

 

[tar]

Will close by EOD

 

[tar]

short es at 2072.25

-60

 

[Dick Lexic]

I think the bulls got caught on the hop last week and the markets have gone below some well established areas. The FTSE has taken support from 6500 area so this could be the critical area for old mother imo

The Dax/Euro have a negative correlation atm, the Dollar looks to have the edge on volume for now so pressure on the Euro but possible support is close at 1.09585imo, a downside break here could see Daxy for the upsy

Looking for some bullish signs early week but longer term charts staring to look heap big bearish.:red_india

again

 

[Dick Lexic]

Nothing like a good sleep after a snort

http://www.bbc.co.uk/news/uk-politics-33667676

http://www.buzzfeed.com/tomphillips/the-best-of-people-sleeping-in-the-house-of-lords#.ec3GpovYZ8

 

[f2calv]

Morning all!

So back from my holidays... what did I miss? Aside from a load of points of course...

 

[Dick Lexic]

Could see support on the Dax at this level, currently 11220

 

[Dick Lexic]

Morning all!

So back from my holidays... what did I miss? Aside from a load of points of course...

Looks like everyone is on holiday

 

[f2calv]

Looks like everyone is on holiday

Only the bulls

 

[Dick Lexic]

New lows on DJ & NDX, just waiting for SP now, then up we go

 

[Dick Lexic]

New lows on DJ & NDX, just waiting for SP now, then up we go

Some serious bears out there

Think I'll take a holiday

 

[psaTrading]

Investor sentiment was influenced by company results and also the weakness of commodities. Conditioning the markets were some leading companies like Apple, 3M, Microsoft (among others) which presented disappointing sales, the very cautious outlook for some companies in the future, profits not based on increased sales but repurchase programs of own shares and cost cuts. The fall in the price of raw materials has not only an impact on the producing economies (such as Brazil, Australia and South Africa) as signals that economic activity in the consuming economies (notably China and other countries Asian) is slowing. Investor’s fears were reinforced on Friday with the release of China’s PMI index, which showed an unexpected decrease, remaining in a contraction phase. To the hypothetical weakness of some economies power up the strength of the US dollar which reduces the value of earnings generated in foreign markets. Despite macroeconomic concerns, the data that were released during the session had a diminished role in the course of the main indices. Sales of new homes fell by 6.80% in June to 482,000, the slower pace of the last 7 months. Predictions were for 550,000.

 

[psaTrading]

The present situation confirms the evidence of slowdown in China and the stagnation of some emerging economies such as Brazil and South Africa. The copper (copper), whose cycles anticipate with some precision the economic cycles, lost 26% in the last 12 months. In this context, the US economy appears as an oasis. Orders for durable goods grew by 3.40% in June, exceeding the 3% estimated by economists. This indicator is strongly influenced by aircraft orders. In June, Boeing received an order for 161 planes, after the Air Festival of Paris-Le Bourget. In May, orders were only 11. The recent losses in the mining and industrial sectors, encouraged by the fall in the price of raw materials and the instability of Chinese financial markets, led these sectors to extreme of oversold levels.

 

[psaTrading]

The lower volatility of Asian markets boosted US equities. The rally was led by the mining and oil sectors, which had been the most penalized by falls in Chinese stock markets and commodities. The rise may also have been influenced by the closure of vendors positions by the so-called fast money (short-term investors) before the meeting of the Fed.

 

[psaTrading]

The Fed was sparse in nominations and no major changes from the previous meeting. The Central Bank says that the economy continues to grow moderately, recognizing the improvements seen in private consumption and the housing market. With regard to the labor market, a key part of monetary policy at the current juncture, the Fed brought greater focus to define how solid progress as well as reducing the unemployment rate. Only to exports and investment the statement pointed to some slowdown. Inflation remains away from the long-term objective (2%) due to falling fuel prices and some imported goods. By failing to provide clear indications, the Fed set aside some room for maneuver in relation to the time it decides to normalize interest rates. A rise in interest rates until December is assigned a probability of 57%. Until January this probability rises to 74%. These expectations contrast with the opinion of 80% of the economists, who before the meeting, expected an increase in rates already without September. After bending 0.20% observed in Q1 (the result of some non-recurring factors), economists estimate that GDP grew 2.50% in the 2nd quarter. This period is a kind of antechamber of the 2nd half, when the Fed estimates an acceleration of the economy.

 

[psaTrading]

US markets ended without major fluctuations, with the session to be marked by macro and micro-economic factors. The publication of yesterday’s economic data confirmed the Fed’s optimistic view on the US economy.